The Indian Premier League is heading toward one of the biggest financial shake-ups in its history. After Royal Challengers Bengaluru (RCB) confirmed that the franchise will be sold before IPL 2026, fresh reports now claim that Rajasthan Royals (RR) may also change ownership ahead of the new season.
The news erupted on social media after businessman Harsh Goenka, brother of LSG owner Sanjiv Goenka, posted a surprising update suggesting that two IPL teams – RCB and RR – are officially on the market.
Harsh Goenka Tweet Sparks Big Rumours
Harsh Goenka wrote that not one, but two IPL franchises are currently exploring full or partial ownership sales. His post stated:
I hear, not one, but two IPL teams are now up for sale- RCB and RR. It seems clear that people want to cash in the rich valuations today. So two teams for sale and 4/5 possible buyers! Who will be the successful buyers- will it be from Pune, Ahmedabad, Mumbai, Bengaluru or USA?
His mention of USA-based buyers has triggered intense speculation, especially around Rajasthan Royals, as reports suggest one of the top bidders could be from the United States.
Why Rajasthan Royals Might Be Sold
Rajasthan Royals is owned by Royals Sports Group (Emerging Media Sporting Holdings Ltd.), holding around 65% stake. Other shareholders include:
- Lachlan Murdoch
- RedBird Capital Partners
RR has been open to new investors in the past, and with IPL team valuations touching the sky, owners may now be considering a major exit. Although the franchise has not made an official statement, several insiders believe the sale process is already in early stages.
Also see: Women’s Premier League to Begin on 9 January, Final on 5 February in Vadodara
RCB Sale Already Under Process
RCB ownership transition began earlier in 2024 when Diageo confirmed that it had initiated the process of selling the franchise. Several high-profile business families and investors are expected to bid, including:
- Adar Poonawalla (Serum Institute of India) — Net Worth $20 Billion
- Nikhil Kamath & Nithin Kamath (Zerodha)
- TV Mohandas Pai (Business magnate)
Reports suggest RCB current valuation now exceeds $1 billion, even higher after winning the IPL 2025 title, making it one of the most expensive franchises in cricket.
Also see: RCB Up for Sale: Adani, Poonawalla, and Jindal Among Top Contenders
Why IPL Teams Are Being Sold Now
Experts say two reasons are driving this sudden sale wave:
1. Record-High Valuations
IPL team values have skyrocketed in recent years, giving owners a massive opportunity to cash out at peak prices.
2. Global Investor Interest
Big money from USA, Middle East, and India’s tech entrepreneurs has increased competition and valuations. This is why many expect both sales to be closed before IPL 2026 mega auctions.
Who Will Buy Rajasthan Royals?
According to early reports, likely buyers may come from:
- USA-based sports investment firms
- Major Indian business groups from Pune, Ahmedabad, or Mumbai
- Wealthy Bengaluru-based entrepreneurs
The presence of 4–5 potential bidders, as per Goenka’s post, adds to the growing momentum.
If both sales go through, IPL 2026 may begin with two franchises under completely new ownership – a rare occurrence in league history. RCB’s sale is confirmed to be underway, and Rajasthan Royals could follow soon if ongoing negotiations succeed.
